APIA, Samoa – A massive tsunami hurled by a powerful earthquake flattened Samoan villages and swept cars and people out to sea, killing at least 99 and leaving dozens missing Wednesday. The toll was expected to rise. Full Story »
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APIA, Samoa – A massive tsunami hurled by a powerful earthquake flattened Samoan villages and swept cars and people out to sea, killing at least 99 and leaving dozens missing Wednesday. The toll was expected to rise. Full Story »
BAIKONUR, Kazakhstan - A Canadian circus tycoon, an American astronaut and a Russian cosmonaut blasted off in a spacecraft from the Kazakh steppe Wednesday on a journey to the International Space Station. Full Story »
WASHINGTON - The 911 call was from a frantic passenger, trapped with family members in a runaway vehicle barreling down a California highway with a stuck accelerator and no brakes. Full Story »
NEW YORK - A New York court on Tuesday dismissed Dan Rather's $70 million breach of contract lawsuit against CBS Corp., noting that the network continued to pay the anchor $6 million a year even after he left the evening news broadcast. Full Story »
BOSTON - The Boston Red Sox are back in the playoffs for the sixth time in seven years. The Red Sox clinched the AL wild-card berth when the Los Angeles Angels beat the Rangers 5-2 on Tuesday night and eliminated Texas from the race. That gave Boston its seventh wild-card berth more than any other team in the majors. Full Story »
SYDNEY (Reuters) - A series of tsunamis smashed into the Pacific island nations of American and Western Samoa killing possibly more than 100 people, some washed out to sea, destroying villages and injuring hundreds, officials said on Wednesday. Full Story »
WASHINGTON (Reuters) - The United States will withdraw about 4,000 troops from Iraq by the end of October, the U.S. military commander in Iraq said in testimony prepared for a congressional hearing on Wednesday. Full Story »
TEHRAN (Reuters) - Iran is entering talks with six world powers this week with good intentions, the Islamic Republic's chief nuclear negotiator said on Wednesday as he left Tehran for the one-day meeting in Geneva. Full Story »
WASHINGTON (Reuters) - President Barack Obama's drive to tackle global warming gets a boost on Wednesday, when Democrats in the Senate are expected to unveil a bill aimed at reducing greenhouse gas emissions over the next four decades. Full Story »
BEIJING (Reuters) - The Chinese capital Beijing is under lockdown on the eve of a massive military parade to mark six decades of Communist Party rule, with gun-toting police manning street corners to ensure nothing spoils the event. Full Story »
KHOST, Afghanistan (Reuters) - A suicide bomber rammed a car into a military convoy of foreign forces in southeastern Afghanistan Wednesday, killing one American, officials said. Full Story »
WASHINGTON (Reuters) - A Senate panel on Tuesday rejected a government-run "public" insurance option as part of a broad healthcare overhaul, handing insurers an early victory and setting the stage for a long fight over one of the bill's most contentious issues. Full Story »
HOI AN, Vietnam (Reuters) - Vietnam's central provinces battled the biggest floods in decades on Wednesday caused by a powerful typhoon that swept into the country after wreaking havoc in the Philippines. Full Story »
APIA (AFP) - At least 113 people are dead after a huge Pacific earthquake and tsunami hit the Samoan islands and Tonga on Tuesday, a hospital worker and officials said. Full Story »
COPENHAGEN – Michelle Obama's welcoming party was more like a stopover. She chatted with the ambassador, kissed Chicago Mayor Richard Daley on the cheek and gave her old friends quick hugs hello before climbing into the waiting SUV. Full Story »
WASHINGTON – The recession faded in the spring with economic activity shrinking at a pace of just 0.7 percent, a better-than-expected showing that buttressed beliefs the economy is growing now. Full Story »
BRUSSELS - Yearly inflation in the 16 nations that use the euro slipped deeper into negative territory in September, sliding to minus 0.3 percent from minus 0.2 percent in August, according to the EU statistics agency Eurostat. Full Story »
SAN FRANCISCO (Reuters) - Nike Inc beat quarterly profit expectations as deep cost cuts and lower taxes more than offset crumbling revenue in key markets like the United States and China, sending its shares up 4.4 percent. Full Story »
FRANKFURT (AFP) - German unemployment fell in September, official data showed on Wednesday, but without signalling a general improvement for the biggest European economy, experts said. Full Story »
CHARLOTTE, N.C. - CIT Group Inc.'s shares soared Tuesday on a report that hedge fund manager John Paulson is considering merging the troubled finance company with failed mortgage lender IndyMac Federal Bank. But they plunged after-hours as a separate report said CIT is preparing a debt swap offer that could wipe out taxpayers' investment or could file for bankruptcy protection. Full Story »
BENTONVILLE, Ark. - Wal-Mart Stores, the world's largest retailer, plans to offer more than 100 toys at $10 during the holiday season. Full Story »
WASHINGTON - A bipartisan push is under way in the Senate to spend more money to stop mortgage scams. Full Story »
LONDON (Reuters) - Oil rose toward $68 per barrel on Wednesday, buoyed by a fall in the dollar against major currencies at the end of the financial quarter, with the market also awaiting key U.S. oil data later in the day. Full Story »
NEW YORK (Reuters) - U.S. house prices rose for a third month in July, but consumer confidence fell unexpectedly in September as the worst job market in 26 years fueled worries about personal finances, private reports showed on Tuesday. Full Story »
Viewpoint: the $8,000 tax credit for first-time home buyers is set to expire soon.Many people want Congress to extend it, but there are strong reasons not to Full Story »
The MBA in the corner office, fresh out of business school with a six-figure paycheck, is a standard trope of Corporate America. Every incoming student has heard rags-to-riches tales of that gilded certification leading to giant paychecks and even bigger bonuses. But how often do these MBA fairy tales actually come true? According to new research: not as often as you think. Full Story »